Hi guys, I've been in the world of bitcoin and cryptocurrencies for some time, some relatives and friends ask me to buy gold or bitcoin to save, and I answer:
1. If you want to be safe without worrying about buying gold, because its price is very stable, at 1200 dollars an ounce.
2. If you want to invest in bitcoin I invite you to investigate what technology is about, I tell you that it is a new technology that will revolutionize the world, it is decentralized, distributed, without control of any kind of government, its quantity is limited. that allows it to be deflamatory, with the passage of time it takes more value, but it is your RESPONSIBILITY if you make the investment in bitcoin, I only tell you the advantages but it is up to you to investigate the subject.
WHAT WOULD YOU RESPOND?
Your statements are correct. Those are the advantages of Bitcoin and gold as an investment. But if i would be asked, I would siggest investing to Bioin since its market value is continuously getting higher each day. So holding or keeping it for a long period of time will yield to huge profit. Gold is good for long term investment since it has a stable.market value which makes it less risky to invest your money with, but the profit won't also be big if the investment is having a stable market value.